MBA in Big Data Management

Did you know that 90% of all the data in the world has been generated over the past few years! Shocking isn’t it? Technological advancement and the arrival of new channels of communication like social networking, stronger devices, and other newer forms have presented a challenge to industry players, by overwhelming and giving them an impetus to find new ways to handle the data being generated. All this data that was being neglected before the origin of Big data can prove extremely useful if processed.

Big Data analytics has revolutionized the field of IT by enhancing and providing added advantages to organizations. With the development and increase in the use of apps and social media, people and businesses have moved online. This has increased the number of users on such platforms to almost a million users per day, scaling up data more than ever before. This has in turn led to the increasing demand for professionals who understand Big Data and for organizations to invest in their existing business to gain a competitive edge.

Though Data Science helps with a thorough statistical or mathematical background, Big data leans towards learning and implementing the tools needed to drive decisions using Big data and for the overall management of the big data analytics team and desk. An MBA in Big Data Management teaches about the usage of relevant tools for big data analysis and helps align the thought process for better decision making. A Big data analyst may be able to give trends from the past that you need to drive decisions, however, as a Big Data Manager, you have to be able to use that information to bring the organization’s plans to fruition. A Big Data Manager is a strategic thinker of an organization’s success. With your data management and data analysis knowledge, you will be able to help technical teams and business leaders by simplifying data issues within the company.

Why take up MBA in Big Data Management?

• Big Data: A Top Priority of Organizations – Big data helps organizations harness their data and use it to identify new opportunities. That, in turn, leads to smarter business moves, more efficient operations, higher profits, and happier customers. It helps in critical aspects like cost reduction, faster and better decision making, and new products and services through analysis.
• Using Big data for Big Decisions in the company- Learning Big Data can be your best investment and can reward you with skills that you require not only working for big data but in your day-to-day life. In general, the domain of Big Data is full of unsolved problems and puzzles to solve, which can greatly enhance your analytical skills and reasoning. So if you’re passionate about making sense out of nothingness, then Big data is the way to go for you.
• Multi-industry career – Data professionals are not restricted to work for just a few industry segments but their contribution is for all kinds of industry verticals. You can work in any of the domains like finance, manufacturing, information technology, communications, retail, logistics, automobiles, etc. Each industry uses Big Data for gaining a competitive advantage and making data-driven decisions.
• Become a key Stakeholder and hold authority – If you can offer creative solutions with the power of Data Visualization, you can become a key stakeholder of the company. Being a part of the key performance analysis for an organization results in influencing top-level management, who will depend on you to help make crucial business decisions. By gaining insights into what works and what doesn’t, you will help drive the actions of the organization.
• Booming market with growing jobs – The global big data market is forecasted to grow to 103 billion U.S. dollars by 2027 with a share of 45 percent; the software segment would become the large big data market segment by 2027. The U.S. BLS anticipates data-related occupations will grow by 12 percent by 2028, creating over 546,200 new jobs in the same period.
• A hot job with a lucrative career – Big Data’s popularity is at its peak and it has shown no signs of slowing down yet. There must be enough skilled people to curate meaningful information out of this Data. This requirement is global and is not restricted to any part of geography. The salary ranges from $60,000 to $2,00,000 and can even go beyond that, depending on solid profile building and skill development over the years.

This course is made up of three semesters and fourteen modules, for which the breakup is as follows. All the learners who complete this course will attain 90 ECTS which is equivalent to 180 UK credits.

Semester 1:

1. Leadership
2. Innovation and Entrepreneurship
3. International Marketing
4. Performance Measurement
5. Corporate Finance
6. Managerial Economics

Semester 2:

1. Strategic Management
2. Business Ethics and Corporate Governance
3. Operations and Information Management
4. Data Science
5. Analytical Software and Frameworks
6. Data Utilisation

Semester 3:

1. Application Scenarios and Case Studies
2. Capstone Project

Some of the best career opportunities and Industry options are as follows:

• Opportunities – Big Data Analyst, Database Manager, Analytics Associate, Business Consultant, Big Data Analytics Architect, Big Data Engineer, Big Data Solution Architect, Big Data Security Engineer, Data Modeler, Business Intelligence and Analytics Consultant, Metrics and Analytics Specialist
• Industries – Banking and Securities, Information Technology, Finance and Insurance, Real Estate, and Property Management, Telco, Healthcare, Hospitality, Retail trade, Manufacturing, Government and Public Sector Services, Energy, Education, Entertainment, Communication and media, Sports and even Agriculture

About our Partner University

International University for Applied Sciences (IU), Germany + London South Bank University, UK (Dual Degree)

• #1 University in Europe: Join Europe’s largest private university (IU) and one of the UK’s oldest public universities (LSBU) established in the year 1892, in the heart of London, with more than 88,000 students from 130+ countries.
• Blended & Flexible: Offers outstanding, innovative digital learning materials and a great on-campus environment for success in your studies wherever you are.
• Fully Accredited Degree: All the degrees benefit from German state accreditation and are internationally recognized in major jurisdictions such as the EU, US, and the UK.
• Study at a 5-star rated University from QS: IU is the first German university that achieved a 5-star rating for Blended Learning from QS while LSBU has the reputation of University of the Year for ‘Graduate Employment’- The Sunday Times Good University Guide 2018 & 2019.

• International Focus, Practical Orientation: Major focus on practical training and an international outlook which gives IU graduates a decisive advantage: 94% of our graduates have a job within six months of graduation. Plus, the universities work closely with big companies such as Lufthansa, Sixt, and EY to give you great opportunities and insights.
• Dual Degree: Students can earn a German plus a British Degree without any additional studies and take a seamless transfer to the IU campuses in Germany for a dual country experience and the benefits of a Schengen region country (Dubai + Germany).